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Pay for Success Projects

Pay for Success Projects
Author: Monica Holt
Publisher: Nova Science Publishers
Total Pages: 0
Release: 2016
Genre: Finance
ISBN: 9781634847582

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Pay for Success (PFS), also known as Social Impact Bonds, is a new contracting mechanism to fund prevention programs, where investors provide capital to implement a social service -- for example, to reduce recidivism by former prisoners. If the service provider achieves agreed upon outcomes, the government pays the investor, usually with a rate of return, based on savings from decreased use of more costly remedial services, such as incarceration. Federal, state, and local agencies play an important role in improving social outcomes for society's most vulnerable populations. A small number of state, local, and foreign governments are employing PFS to fund efforts designed to better serve these vulnerable populations. This book examines how selected PFS projects have been structured and what potential benefits these projects can provide; how selected PFS contracts have been structured to address potential project risks; and the potential roles for the federal government's involvement in PFS projects. This book also provides an overview of the first State-led Pay for Success and Social Impact "Bond" (SIB) project in the nation; examines some of the arguments for and against The Payment by Results (PbR) approach to delivery of public services; and looks at current and planned projects in rehabilitation, welfare to work, the NHS, children's social services and with rough sleepers and with vulnerable young people.


What Matters

What Matters
Author: Federal Reserve Bank of San Francisco
Publisher:
Total Pages:
Release: 2017-06-05
Genre:
ISBN: 9780692878088

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Compilation of essays on outcomes-based funding, contracting, and financing for the social sector.


The Non Nonprofit

The Non Nonprofit
Author: Steve Rothschild
Publisher: John Wiley & Sons
Total Pages: 261
Release: 2012-01-11
Genre: Business & Economics
ISBN: 1118180224

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A top business leader shares the business principles he used to launch both a top company and a thriving nonprofit Nonprofit leaders know that solving pervasive social problems requires passion and creativity as well as tangible results. The Non Nonprofit shares the same business principles that drive the world's best companies, showing how they can (and should) be applied to the realm of nonprofits. Steve Rothschild personally crossed sectors when he left corporate America to found Twin Cities RISE!, a highly successful poverty reduction program. His honest story, and success and missteps, create an essential roadmap for any social venture looking to prove and boost its impact. Distills essential nonprofit principles such as having a clear and appropriate purpose, creating economic value from social benefit, and establishing mutual accountability Shares successful approaches from innovative organizations such as Grameen Bank, Playworks, Common Ground, Habitat for Humanity, Lumni, Caring Bridge, College Summit and RISE! Draws from the author's success in founding and building Twin Cities RISE!, which trains unemployed Minnesotans for living wage jobs. RISE! serves 1,500 participants each year As insightful as it is inspiring, The Non Nonprofit can help maximize the positive impact of any nonprofit.


Energy Project Financing

Energy Project Financing
Author: Albert Thumann
Publisher:
Total Pages: 480
Release: 2009
Genre: Business & Economics
ISBN:

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This practical application reference provides a resource for those seeking to utilize the innovative methods now available to finance energy projects. The full scope of current project financing practices are fully examined and assessed, including coverage of energy service performance contracting, rate of return analysis, measurement and verification of energy savings, and more. Readers will receive the facts they need to assess a project's payback in advance, anticipate and avoid potential risks and/or hidden costs, and assure that your energy project is an overall economic success. Other topics covered include financing international projects and ESCO’s (Energy Service Company’s) financing.


The Intersector

The Intersector
Author: Daniel P. Gitterman
Publisher: Brookings Institution Press
Total Pages: 335
Release: 2021-06-08
Genre: Political Science
ISBN: 0815739036

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Exploring how cross-sector collaboration can solve seemingly intractable societal problems Many people tend to think of the public, non-profit and private sectors as being distinctive components of the economy and broader society—each with its own missions and problems to address. This book describes how the three sectors can work together toward common purposes, accomplishing much more than if they work alone. With the nation reeling from multiple challenges, more than ever the United States needs these sectors to collaborate to address what might seem to be intractable problems. Cross-sector collaborations and partnerships are more crucial than in the past as the country tries to recover from the economic, health, and broad social dislocations caused by the COVID-19 pandemic. At a time when trust in institutions, both public and private, is at an all-time low, cooperation among the sectors can be a confidence-inspiring approach to addressing public problems. This book reviews the state of cross-sector collaborations, identifies emerging practices, and offers a range of perspectives from experts in the field. Practitioners show how cooperation among sectors is relevant to their core missions. Scholars from a wide range of disciplines discuss both the broad and specific concepts that advance understanding of cross-sector collaboration. At a time when the United States must recover from and address new challenges, the book shows how cross-sector collaborations can help ensure a brighter future. Its core conclusions should be of particular interest to leaders in each of the broad sectors, as well as educators and students at both the undergraduate and graduate level.


Managing Projects for Success

Managing Projects for Success
Author: Albert Hamilton
Publisher: Thomas Telford
Total Pages: 624
Release: 2001
Genre: Business & Economics
ISBN: 9780727729415

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The influences of modern technology and competitive environments have a direct impact on the outcomes of projects, irrespective of project type. This text is a response to the growing need for better management which many people find necessary when leading or working within teams or groups undertaking a project. Increasingly, people in a working environment are engaged in organised practices and utilising resources, facing the challenge of having to meet, or better, predetermined cost budgets and strict timetables. The fact that most work is organised into programs or singular projects means that people require increasing guidance in project management.


Feasibility of Pay for Success Applied to Environmental Conservation

Feasibility of Pay for Success Applied to Environmental Conservation
Author: Eric Joseph Pressberg
Publisher:
Total Pages: 154
Release: 2017
Genre:
ISBN:

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Pay for Success is a financing mechanism, developed in 2010, that has helped governments create more innovative and effective programs to improve social outcomes. Funded by investor capital, Pay for Success projects use new and more risky interventions to prevent negative outcomes before they arise. This paper applies the Pay for Success model to improving environmental outcomes, specifically applied to wildfires in California. This paper starts by describing how the Pay for Success model works, including both its benefits and disadvantages as well as the main criteria that help make a project successful. After discussing environmental Pay for Success projects in general, the paper then outlines a specific environmental Pay for Success project to reduce the incidence and severity of wildfires in southern California. This paper concludes by outlining next steps to scale and improve environmental Pay for Success projects in the future.


Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure
Author: Manal Fouad
Publisher: International Monetary Fund
Total Pages: 61
Release: 2021-05-10
Genre: Business & Economics
ISBN: 1513576569

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Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.


Knowledge to Action

Knowledge to Action
Author: Alonzo L. Plough
Publisher: Oxford University Press
Total Pages: 227
Release: 2017
Genre: Education
ISBN: 0190669349

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AN ESSENTIAL CONVERSATION FROM TODAY'S LEADING VOICES ON EFFECTING CHANGE IN HEALTH AND SOCIETY "The Robert Wood Johnson Foundation has changed the conversation about health in the United States." --Jo Ivey Boufford, President, New York Academy of Medicine In a society where a person's zip code is a stronger predictor of health status than their genetic profile, every public health challenge is also a challenge of equity, implementation, and policy. For better or worse, improving health requires societal change, and the scale of today's societal challenges can have a stifling effect on even the most well-intended efforts. Assembled by the Robert Wood Johnson Foundation and featuring today's most prominent voices from diverse sectors, Knowledge to Action is a collection of short conversations focused on the idea of meaningful change -- its definition, its impediments, and exploring how we can transition from research to action in health, well-being, and equity. Steeped in honesty and benefiting from the diverse experiences of an extraordinary assembly of academics, journalists, policymakers, public health practitioners, and researchers, this book offers provocative yet actionable perspectives that will benefit anyone who reads it.


The Swindle of Innovative Educational Finance

The Swindle of Innovative Educational Finance
Author: Kenneth J. Saltman
Publisher: U of Minnesota Press
Total Pages: 137
Release: 2018-11-06
Genre: Education
ISBN: 1452961042

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How “innovative” finance schemes skim public wealth while hijacking public governance Charter school expansion. Vouchers. Scholarship tax credit programs. The Swindle of Innovative Educational Finance offers a new social theory to explain why these and other privatization policies and programs win support despite being unsupported by empirical evidence. Kenneth J. Saltman details how, under the guise of innovation, cost savings, and corporate social responsibility, new and massive neoliberal educational privatization schemes have been widely adopted in the United States. From a trillion-dollar charter school bubble to the Chan Zuckerberg Initiative to celebrities branding private schools, Saltman ultimately connects such schemes to the country’s current crisis of truth and offers advice for resistance. Forerunners is a thought-in-process series of breakthrough digital works. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.